Daimler Truck had a strong first quarter in 2023 and strong sales in the second quarter, based on stabilising supply chains and stronger core markets, “robust” pricing and strong aftersales performance and has increased its adjusted ROS (return on sales) guidance to 8.5% to 10% (from 7.5% to 9%) for full year 2023.
Overall unit sales guidance increased to 530,000 to 550,000 units from 510,000–530,000.
Revenue is now pegged at EUR56bn to EUR58bn (EUR55bn to EUR57bn).
A share buyback programme from August 2023 will see shares worth up to EUR2bn acquired on the stock exchange over up to two years and subsequently cancelled.
Up to 10% of the share capital would be repurchased.
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